Harvey R. Miller, a pioneering bankruptcy lawyer who wielded vast influence over the evolution of modern U.S. restructuring law during nearly half a century at Weil Gotshal & Manges LLP, has died, his firm announced Monday. He was 82.
Former Bryan Cave LLP transactional lawyer Harvey Newkirk pled not guilty Monday to charges of helping a client fraudulently obtain more than $8 million in bank financing to acquire Maxim magazine and trying to fraudulently obtain $34.5 million more.
Former Foundry Networks Inc. executive David Riley was sentenced on Monday to 6 1/2 years in prison for passing inside tips about the computer equipment company to a hedge fund analyst, but vowed to appeal in light of the Second Circuit’s decision in U.S. v. Newman.
The trustee managing the wind-down of Bernard L. Madoff Investment Securities LLC reached a settlement Friday totaling $11.1 million with three groups of defendants alleged to have received more than $58 million in fictitious profits from the Ponzi brokerage.
The U.S. Supreme Court agreed Monday to hear Spokeo Inc.’s challenge to a Ninth Circuit order reviving a Virginia man’s proposed class action accusing the “people search engine” of violating the Fair Credit Reporting Act by publishing bogus information about him.
Generic drugmaker Mylan N.V. formally rejected a hostile takeover by rival Teva Pharmaceuticals Industries Ltd. on Monday, escalating a three-way tussle just days after its own unsolicited bid for Irish over-the-counter drug company Perrigo Co. PLC was spurned.